It would not be wrong to say that a great many Italians tend to go along with Bill Shankly’s typically understated description of what might or might not still be the Beautiful Game: “Some people think football is a matter of life and death.

Fiat Chrysler Automobiles (FCA) chief Sergio Marchionne reportedly said last weekend that seeking a merger with General Motors was a “high priority” and such a deal would also be the best strategic option for the Detroit rival.

Ferrari team principal Stefano Domenicali has urged Formula One's commercial rights holders CVC to start investing in the sport to guarantee his team's future interest.

Fiat’s new chairman promised today he would push ahead with a restructuring plan that is pulling the vehicle building giant out of its worst financial crisis ever.